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Tax in the United Kingdom

Your personal tax guide for the United Kingdom

The content in this tax guide is provided by EY.

Going to or leaving the UK

Local tax information for the United Kingdom.
Local information Details

Tax authority

HM Revenue and Customs (HMRC)

Website

www.gov.uk/government/organisations/hm-revenue-customs

Tax year

6 April to 5 April

Tax return due date

31 October (paper filing)
31 January (electronic filing)

Is joint filing possible

No

Are tax return extensions possible

No

Local tax information for the United Kingdom.
Local information

Tax authority

Details

HM Revenue and Customs (HMRC)

Local information

Website

Details

www.gov.uk/government/organisations/hm-revenue-customs

Local information

Tax year

Details

6 April to 5 April

Local information

Tax return due date

Details

31 October (paper filing)
31 January (electronic filing)

Local information

Is joint filing possible

Details

No

Local information

Are tax return extensions possible

Details

No

2022/23 income tax rates

A tax free personal allowance of £12,570 is available to certain taxpayers. The personal allowance is reduced by £1 for every £2 of “adjusted net income” over £100,000.
Taxable income band GBP National income tax rates

1 - 37,700

20%

37,701 - 150,000

40%

150,001 +

45%

A tax free personal allowance of £12,570 is available to certain taxpayers. The personal allowance is reduced by £1 for every £2 of “adjusted net income” over £100,000.
Taxable income band GBP

1 - 37,700

National income tax rates

20%

Taxable income band GBP

37,701 - 150,000

National income tax rates

40%

Taxable income band GBP

150,001 +

National income tax rates

45%

2022/23 income tax rates for Scotland
Scottish taxable income band GBP Scottish national income tax rates

1 – 2,162

19%

2,163 – 13,118

20%

13,119 – 31,092

21%

31,093 – 150,000

41%

150,001 +

46%

2022/23 income tax rates for Scotland
Scottish taxable income band GBP

1 – 2,162

Scottish national income tax rates

19%

Scottish taxable income band GBP

2,163 – 13,118

Scottish national income tax rates

20%

Scottish taxable income band GBP

13,119 – 31,092

Scottish national income tax rates

21%

Scottish taxable income band GBP

31,093 – 150,000

Scottish national income tax rates

41%

Scottish taxable income band GBP

150,001 +

Scottish national income tax rates

46%

The 2018-2019 tax year was the first year that the Scottish Parliament used its powers to impose different rates and thresholds from the rest of the UK.

It was proposed in the Scottish Budget for 2023 to 2024, which was published on 15 December 2022, that the higher rate of Scottish income tax will increase from 41% to 42% and the top rate from 46% to 47%. The tax threshold for the top rate will be lowered from £150,000 to £125,140 while the threshold for the 41% higher rate will remain frozen at £31,093 in Scotland.

From 6 April 2019, the Welsh Assembly can set part of the income tax rate. The current rates for Welsh taxpayers are the same as the UK excluding Scotland rates shown above.

The rates for dividends are 7.5%, 32.5% and 38.1%.

The rates for capital gains realised on disposals other than those realised on residential property disposals are 10% and 20%. For gains realised on disposal of residential property the rates are 18% and 28%. In addition, there is a rate of 10% for capital gains that qualify for Business Asset Disposal relief.

Expat tax guides

Read tax guides for expats provided by EY.

Additional information

The Tax Navigator section is provided by EY in accordance with their Terms and Conditions (PDF). EY accepts no responsibility for the accuracy of this information. By using this information, you are accepting the terms under which EY is making the content available to you based on the legislation and practices of the country concerned as of 15/09/21 by EY and published in its Worldwide Personal Tax Guide, 2020-21.

Tax legislation and administrative practices may change, and this content is a summary of potential issues to consider. This content is provided for guidance purposes only; it is not meant for direct implementation of transactions or reliance upon when considering entering into transactions. It should not be used as a substitute for professional tax, legal, financial, accounting, consulting, regulatory or other professional advice and you should seek professional advice before taking any action. It is your responsibility to ensure you make all relevant disclosures to the relevant tax authorities and that you are compliant with local tax legislation. EY accepts no responsibility for any loss arising from any action taken or not taken by anyone using this material.

HSBC accepts no responsibility for the accuracy of this information.

This information does not constitute advice and no liability is accepted to recipients acting independently on its contents. The views expressed are subject to change.

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